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Identify which of the following statements is true. Select one: a. An election for an S corporation to use the Sec. 179 expensing election is
Identify which of the following statements is true.
Select one:
a.
An election for an S corporation to use the Sec. 179 expensing election is made by the corporation and not by its shareholders.
b.
The S corporation's separately stated items are in general the same ones that apply in partnership taxation.
c.
An S corporation cannot claim a dividends-received deduction.
d. All of the above are true.
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